Question: please answer all questions 5 pts Question 12 Which type of commercial mortgage allows the lender to convert the debt into equity to cure default?




5 pts Question 12 Which type of commercial mortgage allows the lender to convert the debt into equity to cure default? Mezzanine loan Bridge loan CMBS loan O Participation loan D Question 11 5 pts Which type of residential mortgage requires payment of mortgage Insurance and has loan maximums? Conventional FHA ent OVA Insured conventional W 5 pts Question 10 Which type of constant payment loan has a balloon payment at the end of the term that consists of principal + unpaid interest? o Interest only O Negative amortizing Partially amortizing Fully amortizing Question 7 5 pts Your client is purchasing a warehouse for $1,185,000. The warehouse produces an NOI of $97.765. You have quoted a loan-to-value ratio of 80%. What is the debt yield for this loan? Present your answer as a percentage, rounded to the nearest 1/100th of a percent (two decimal places) Question 8 5 pts You own a 10-unit apartment building with NOI of $38,640, which you purchased for $532,000. Your equity in the building is 40% of your purchase price. Your ADS is $26,475. What is the equity dividend rate? Present your answer as a percentage, rounded to the nearest 1/10th of a percent (one decimal place)
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